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3 days ago
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Financial Accountant


AXA
Location: Redhill
Job type: Permanent
Sector: Banking/Finance
Category: Trade Marketing Jobs
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Description

We are looking for 2 Financial Accountants to join our newly formed Finance department at AXA Partners, Redhill.

Your main task will be to support the issuance of the accounting reporting of AXA Partners UK/IRL Travel/ Home/ Motor activities.

To be successful in the role, you will be an integral member of a collaborative team, constantly promoting and implementing process efficiencies.

Please note the two roles are 12/18 months Fixed term contract with possibility to transform into a permanent position.

You will be responsible for -

Revenue Accounting:

Liaise with the underwriting and commercial teams to actively control and manage all key elements of Revenue accounting including:
- Monthly claims rebilling and premium invoicing
- Calculation of commission, fronting fees and profit share
- Reinsurance accounting including preparation of cession statements

- B2C accounting and reconciliation with the Platform Network / Bank Statements and Payment Support providers
- Validating all accounting flows as part of new contracts implementation process and ensure they are properly set up

- Preparing monthly cash flow forecasting for technical related items

Reporting:
 Ensure the technical balance sheet reconciliations are accurately and regularly prepared.
 Produce monthly technical accounts
 Produce Group analytical reporting (Pandore) and quarterly consolidation reporting (Magnitude)
 Establish good relationship with the Partners/customers and actively manage the Debt collection/ accounts receivable / Inter-Company Debtors, to ensure the various entities cash positions are optimised. .
 Suggest and test the accounting system improvements.

 You are required to adhere at all times to all and any regulatory requirements that to AXA Partner.
 In the course of your duties, you are required to always consider the needs of the customer and how best you can serve them, for example always having regard to our requirements to treat our customers fairly.
 You must adhere to all internal policies and procedures regarding the management of your team.
 You must at all times act in the best interests and consider the broader impact of your decisions on the company as a whole.

Qualifications

To be successful in this role you will have or be able to demonstrate the following skills and experience -

Essential:
 Experience in insurance / reinsurance accounting
 Ability to work quickly and efficiently
 Part Qualified Accountant or Qualified by experience
 Excellent interpersonal and team working skills with a helpful, flexible, pro-active and solution oriented approach / Someone with a positive approach and the ability to engage and inspire others
 Evidence of being able to work successfully in a fast moving and international environment
 Someone eager to progress and develop within a supportive environment

Desirable:
 Experienced with PeopleSoft system
 French speaker

About AXA

With a presence in over 60 countries, and 165,000 employees serving the needs of 107 million customers, AXA is big.

But never too big to care for every single person who works here. We’ve been recognised as one of the Sunday Times Top 25 Best Big Companies to work for. So when you join us, we promise to put our collective might behind you and your career.

You’ll work in an open and supportive environment where you’ll be developed, challenged and encouraged to move around to achieve even bigger and better things – nationally and internationally. You’ll learn directly from senior leaders, from the best in our business. And you’ll enjoy real responsibility, really early on.

AXA Partners UK/Ireland Geography operates through different legal
entities and the job
holder will manage the revenue and technical accounting of 6 different
entities, 2 based in the UK, 3 based in Ireland, 1 based in Belgium,
representing a combined Turnover of 330M€ and approximately 300 different
contracts.

The motor and Home contracts are purely local (either UK or Irish
based) however most of the Travel contracts recorded in the UK and Ireland are
international contracts booked in different currencies and operated through
different reinsurance programs and fronting agreements.

*

The
role will report to the Technical Accounting Manager

*

The
Job holder will work within a team of 9 FTEs (8 permanent FTEs, 1 Fixed Term
contract) in Redhill, mainly composed of new recruits.

*

This
role will involve close liaison with several departments across the company:
Account managers, Contract
Implementation team, Underwriting team, Operations teams. Actuaries and other
Finance departments.

What We Offer

.



Important notice: We’ve recently become aware of a recruitment scam in which candidates are asked to be interviewed on Google Hangouts. It is not our policy to conduct interviews via Google Hangouts (we much prefer face-to-face), so if you have been asked to do this, please let the recruitment team know and we’ll do our best to advise you. Likewise, if you’re unsure if the person you’re speaking to is genuinely an AXA recruiter or the job you’re ing for is legitimately from AXA, please get in touch and we can check for you. We cannot be held responsible for any interviews conducted without our knowledge and authorisation. If you’re unsure and would like some advice, feel free to get in touch with our recruitment team.
Description

We are looking for 2 Financial Accountants to join our newly formed Finance department at AXA Partners, Redhill.

Your main task will be to support the issuance of the accounting reporting of AXA Partners UK/IRL Travel/ Home/ Motor activities.

To be successful in the role, you will be an integral member of a collaborative team, constantly promoting and implementing process efficiencies.

Please note the two roles are 12/18 months Fixed term contract with possibility to transform into a permanent position.

You will be responsible for -

Revenue Accounting:

Liaise with the underwriting and commercial teams to actively control and manage all key elements of Revenue accounting including:
- Monthly claims rebilling and premium invoicing
- Calculation of commission, fronting fees and profit share
- Reinsurance accounting including preparation of cession statements

- B2C accounting and reconciliation with the Platform Network / Bank Statements and Payment Support providers
- Validating all accounting flows as part of new contracts implementation process and ensure they are properly set up

- Preparing monthly cash flow forecasting for technical related items

Reporting:
 Ensure the technical balance sheet reconciliations are accurately and regularly prepared.
 Produce monthly technical accounts
 Produce Group analytical reporting (Pandore) and quarterly consolidation reporting (Magnitude)
 Establish good relationship with the Partners/customers and actively manage the Debt collection/ accounts receivable / Inter-Company Debtors, to ensure the various entities cash positions are optimised. .
 Suggest and test the accounting system improvements.

 You are required to adhere at all times to all and any regulatory requirements that to AXA Partner.
 In the course of your duties, you are required to always consider the needs of the customer and how best you can serve them, for example always having regard to our requirements to treat our customers fairly.
 You must adhere to all internal policies and procedures regarding the management of your team.
 You must at all times act in the best interests and consider the broader impact of your decisions on the company as a whole.

Qualifications

To be successful in this role you will have or be able to demonstrate the following skills and experience -

Essential:
 Experience in insurance / reinsurance accounting
 Ability to work quickly and efficiently
 Part Qualified Accountant or Qualified by experience
 Excellent interpersonal and team working skills with a helpful, flexible, pro-active and solution oriented approach / Someone with a positive approach and the ability to engage and inspire others
 Evidence of being able to work successfully in a fast moving and international environment
 Someone eager to progress and develop within a supportive environment

Desirable:
 Experienced with PeopleSoft system
 French speaker

About AXA

With a presence in over 60 countries, and 165,000 employees serving the needs of 107 million customers, AXA is big.

But never too big to care for every single person who works here. We’ve been recognised as one of the Sunday Times Top 25 Best Big Companies to work for. So when you join us, we promise to put our collective might behind you and your career.

You’ll work in an open and supportive environment where you’ll be developed, challenged and encouraged to move around to achieve even bigger and better things – nationally and internationally. You’ll learn directly from senior leaders, from the best in our business. And you’ll enjoy real responsibility, really early on.

AXA Partners UK/Ireland Geography operates through different legal
entities and the job
holder will manage the revenue and technical accounting of 6 different
entities, 2 based in the UK, 3 based in Ireland, 1 based in Belgium,
representing a combined Turnover of 330M€ and approximately 300 different
contracts.

The motor and Home contracts are purely local (either UK or Irish
based) however most of the Travel contracts recorded in the UK and Ireland are
international contracts booked in different currencies and operated through
different reinsurance programs and fronting agreements.

*

The
role will report to the Technical Accounting Manager

*

The
Job holder will work within a team of 9 FTEs (8 permanent FTEs, 1 Fixed Term
contract) in Redhill, mainly composed of new recruits.

*

This
role will involve close liaison with several departments across the company:
Account managers, Contract
Implementation team, Underwriting team, Operations teams. Actuaries and other
Finance departments.

What We Offer

.



Important notice: We’ve recently become aware of a recruitment scam in which candidates are asked to be interviewed on Google Hangouts. It is not our policy to conduct interviews via Google Hangouts (we much prefer face-to-face), so if you have been asked to do this, please let the recruitment team know and we’ll do our best to advise you. Likewise, if you’re unsure if the person you’re speaking to is genuinely an AXA recruiter or the job you’re ing for is legitimately from AXA, please get in touch and we can check for you. We cannot be held responsible for any interviews conducted without our knowledge and authorisation. If you’re unsure and would like some advice, feel free to get in touch with our recruitment team.
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